WarnerMedia to offer $10 ad-supported tier of HBO Max
WarnerMedia is rolling out a $10-a-month ad supported version of its HBO Max streaming service starting in June.
That’s $5 off the current price for the ad-free version, which launched in May 2020. And cheaper than Netflix, which charges $14 a month for its most popular plan.
AT&T said Monday it will combine its massive WarnerMedia media assets, which includes HBO and CNN, with Discovery Inc. to create a new media company in a $43 billion deal. However the transaction isn’t expected to close until mid-2022, and WarnerMedia is still going ahead with plans for HBO Max.
AT&T said earlier this month that there are 44.2 million subscribers to HBO Max and the traditional HBO channel combined in the U.S.
A bevy of streaming services have launched as people shift to watching TV online rather than via traditional cable packages.
Disney Plus, which launched in 2019, charges $8 a month and has amassed more than 100 million subscribers. Netflix remains the service to beat with more than 200 million subscribers globally.
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HBO Max offers viewers shows from HBO such as “Game of Thrones,” movies including “Wonder Woman” and “Godzilla vs. Kong” and originals such as the show “Made for Love.”
